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Mathematical and tool methods of economics

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⇑Mathematical and tool methods of economics at National Research Nuclear University MEPhI

Language: English Studies in English

Subject area: mathematics and statistics

University website: eng.mephi.ru/

3 years

⇑Definitions and quotes

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

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Economics

Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.

Franklin Delano Roosevelt, request to Congress to effect drastic economies in the government (March 10, 1933); in The Public Papers and Addresses of Franklin D. Roosevelt, 1933 (1938), p. 50.

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Economics

Give not Saint Peter so much, to leave Saint Paul nothing.

George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.

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Economics

How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.

Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.

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Cloud-aerosol interactions

A model that predicts the effects of aerosol interaction with clouds over the Amazon could help climatologists understand how aerosols influence climate change.

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